StockWatch
·
Residential- Commercial Projects
Shareholding22 Sept 2026, 12:08 pm

Rajesh Damani Acquires 62.89% Stake in Jamshri Realty via Gift

AI Summary

Rajesh Damani has acquired a significant 62.89% stake in Jamshri Realty Limited through an off-market inter-se transfer by way of gift from promoters. This transaction, involving 43,93,960 shares, is exempt from open offer requirements under Regulation 10(1)(a)(i) of the SEBI SAST Regulations. The transfer was made without consideration to an immediate relative of the promoter. An earlier disclosure under Regulation 10(5) was made on August 31, 2026.

Key Highlights

  • Rajesh Damani acquired 62.89% stake in Jamshri Realty.
  • Transaction was an off-market gift transfer from promoters.
  • Acquisition is exempt from open offer under SEBI SAST Regulations.
  • No consideration was involved in the share transfer.
  • Previous disclosure under Regulation 10(5) was made on 31.08.2026.